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Mattioli Woods considers move to restricted advice

by William Robins on Feb 08, 2012 at 14:13

AIM-listed IFA and Sipp provider Mattioli Woods is considering a move to restricted advice in a bid to drive down costs and remove regulatory risk as adviser numbers at the firm increase.

Quilter's head of managed portfolio services Hepworth resigns

by Jun Merrett on Feb 08, 2012 at 17:27

Quilter's head of managed portfolio service Charles Hepworth has resigned from the company.

In pictures: the key players in Harry Redknapp's tax trial

by Alex Steger on Feb 08, 2012 at 14:46

After Spurs boss Harry Redknapp's two-week trial over his tax arrangements ended in a not guilty verdict, we examine some of the key players in the case.

Fidelity’s Greetham: best of markets rally may already be over

by Max Julius on Feb 08, 2012 at 14:18

Investors may already have enjoyed the best part of a recent rally in risk assets, Trevor Greetham, asset allocation director at Fidelity, has warned.

Tenet posts £290k loss as restructure takes toll

by Jun Merrett on Feb 08, 2012 at 14:11

Tenet Group has reported a £290,000 loss after restructuring costs took their toll on the business.

Pensions regulator bans three trustees over investment breaches

by William Robins on Feb 08, 2012 at 13:45

The Pensions Regulator has banned three trustees for ‘serious and persistent’ regulatory breaches, following an investigation into the Hugh Mackay Retirement Benefits Scheme.

Asset Allocation 360°: Oil is losing its self-healing powers

by Charlie Parker on Feb 08, 2012 at 13:22

In our latest edition of our quarterly publication Asset Allocation 360°, we take a look at how the oil price could play a crucial role in your investment strategy over the next few months.     

Tax adviser jailed for attempted £70 million fraud

by Michelle Abrego on Feb 08, 2012 at 11:29

A tax adviser has been jailed for trying to defraud taxpayers of £70 million, and using his ill- gotten gains to fund a luxurious lifestyle consisting of exotic holidays and luxury cars.

RBS and Aviva repay £500,000 after pension sale probe

by Michelle Abrego on Feb 08, 2012 at 10:31

The Royal Bank of Scotland and Aviva have repayed £500,000 to the family of a dead man following a probe into how he was sold his pension.

Webb pushes for hybrid 'defined aspiration' pensions

by William Robins on Feb 08, 2012 at 10:04

Pensions minister Steve Webb has floated plans for a third way ‘defined aspiration’ pension to give savers greater certainty about how much they will receive in retirement.

Standard Life's platform partner FNZ acquired by private equity group

by Jun Merrett on Feb 08, 2012 at 09:48

Platform technology provider FNZ, which sits behind Standard Life and AXA Elevate, has a new owner after private equity firm General Atlantic took a stake in the Edinburgh based- company.

Supergroup tumbles on profit warning; FTSE edges up

by Max Julius on Feb 08, 2012 at 09:10

UK index back above 5,900 amid hopes that Greece is finally about to secure a deal for a new international bailout package.

HMRC extends Liechtenstein tax deal

by Alex Steger on Feb 08, 2012 at 07:55

Around 2,000 tax evaders with money in Liechtenstein have come clean following a major amnesty, as the UK signs an information sharing deal with the jurisdiction.

Osborne promises to fight ‘anti-business culture’

by Alex Steger on Feb 08, 2012 at 07:53

The row over bonuses is threatening to undermine jobs and prosperity in the UK, according to chancellor George Osborne.

Outsourcing advisers dealt VAT blow under draft rules

by Michelle Abrego on Feb 08, 2012 at 07:53

Advisers will have to charge their clients VAT if they offer them an outsourced discretionary fund management (DFM) service

MPs urge government to implement Dilnot plans

by William Robins on Feb 08, 2012 at 07:00

The Health Select Committee has urged the government to press ahead with the £1 billion long-term care funding reforms proposed by the Dilnot Commission.

Wednesday Papers: Glencore-Xstrata merger threatened

by Himanshu Singh on Feb 08, 2012 at 03:11

And Greek shares rally as prime minister closes in on bailout deal.

Citywire Top Stocks Daily News Digest

by Himanshu Singh on Feb 08, 2012 at 02:22

All the news from across the web about the companies featured in Citywire's Top Stocks.

Overnight Markets: US stocks advance on earnings reports

by Himanshu Singh on Feb 08, 2012 at 02:18

Coca-Cola rose 0.8% after reporting better-than-expected quarterly results, sending the Dow Jones to its highest level since May 2008.

Investment trusts: Electra looks to put £400m war chest to use

by Max Julius on Feb 07, 2012 at 18:17

Discount of 33% to NAV is a buying opportunity, says Steven Walker, head of research at Ashcourt Rowan.

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